THL in Talks to Acquire eBay Enterprise Unit for $1B

July 13, 2015

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Thomas H. Lee Partners is reportedly in advanced talks to acquire eBay's enterprise business unit, fka GSI Commerce, for nearly $1 billion. Having generated net revenues of over $1.2 billion in 2014, eBay Enterprise provides businesses with an integrated portfolio of modular commerce solutions. eBay, which acquired the unit for $2.4 billion in 2011, had previously stated it would explore strategic alternatives for the segment as it deemed it did not fit well with its other divisions. According to reports, THL has thus far outbid other parties interested in the business but disagreements over the price could derail a potential deal.